10, RASEN ROAD, TEALBY, MARKET RASEN, LN8 3XL - £600,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 RASEN ROAD is a large extended detached house of 196m², built sometime before 1900. It was last sold for £600,000 in May 2023, which was around 125% above the average May 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

10 RASEN ROAD Sold Prices

Land registry data shows three sales for 10 RASEN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 10 RASEN ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 10 MAY	£600,000	£266,838	125% above HPI
2018 19 DEC	£465,000	£219,536	112% above HPI
2008 17 DEC	£250,000	£176,917	41% above HPI

10 RASEN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 10 RASEN ROAD sales between December 2008 and May 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2018 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the May 2023 sale, where it rises to 125% above the HPI. The line then continues to track at 125% above the HPI.

How Large is 10 RASEN ROAD?

10 RASEN ROAD is 196m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 30% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where 10 RASEN ROAD lies on this distribution: 78% of detached houses are smaller than 10 RASEN ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Tealby.

10 RASEN ROAD: Plot and Title Map

10 RASEN ROAD sits on a plot of roughly 0.320 of an acre, or 1,294m². The below map shows the location of 10 RASEN ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 10 RASEN ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 10 RASEN ROAD?

10 RASEN ROAD is located in TEALBY, in the LN8 postcode district. The below map shows the position of No. 10 on RASEN ROAD.